Iran and Oman Reach Consensus to Reopen the Strait of Hormuz
On August 29, Iranian President Ebrahim Raisi announced that Iran and Oman have reached a consensus in negotiations regarding the Strait of Hormuz, agreeing to reopen the waterway under a coordinated plan. Raisi pointed out that Oman initially supported Iran but later took a more reserved stance. Iran is working to ensure that if the waterway is reopened under specific conditions, the United States must fulfill its obligations, including lifting blockades and sanctions, unfreezing Iranian funds, and stopping Israeli hostilities in Lebanon. He emphasized that the reopening of the Strait of Hormuz aligns with the framework of the Islamabad Memorandum of Understanding and has been accepted by all parties, thus must be implemented. Additionally, Iran is seeking consensus on how to interact with neighboring countries to form a common vision.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Household Delinquency Reached 28% in July, New Record

Upbit and Bithumb Capture 98.2% Market Share in General Coins

Joanna Lichter: The Value of Robotics Exhibits a Barbell Structure

Central Bank Digital Currency on the Blockchain: European Central Bank Takes the Lead

U.S. Plans to Add 1 Million BTC to Its Strategic Reserves

AI Workers Earn $400 Million Annually, Virtuals Aims to Make You a Shareholder

Investment Options for FAL: Only 8 ONs, Green Light for Sovereign Bonds, and Currently Excluded Provincial Bonds

Bitcoin Mining Uses 30% of Paraguay's Electric Energy: Crisis Warned for 2029

BCRA purchases exceeded $14 billion barrier in 2026

Irish drug dealer’s lost wallet moves $39.56M in Bitcoin

HyENA shuts down after processing $4B in trades

Avici attack drains over $1M from Solana users

Cosmos misjudged a critical bug for 4 months before hackers stole nearly $6 million across 6 chains

US Cities Eye AI Data Center Limits as Study Flags Water Risks

Tokenized gold is becoming productive collateral in crypto lending, Arch says

European Blockchain Convention 2026: Information and Exclusive Promotion

1200 Qubits Estimated, Pressure on Bitcoin and Ethereum Transition

Warning of a Shock Needed for $40 Trillion U.S. Debt

X dismantles a Chinese bot farm of 200,000 accounts: the battle for AI data centers is also fought online

Ripple moves to shrink XRP Ledger attack surface as AI audit tests lending push

Trump loses for the second time in attempt to move his dirty money case to federal court

XAUUSD: Understanding and Trading the Gold/Dollar Pair in 2026

Three Avalanche ETFs Introduce Staking Reward Distribution Structure

Cloud 9, the galaxy candidate with no stars

Walmart’s 1970 IPO Still Has a Lesson for SpaceX Buyers

Strategy’s 6,948 BTC sales were a narrative risk: Bitfinex

Wash's Latest Speech: The Era We Are In (Full Text Attached)

Vinteum Celebrates Four Years and Reflects on Achievements

Apple TV+ Raises Price for the 4th Time: What's Behind It








